The financial instrument that nearly collapsed the global economy is being re-engineered to create a new market with a lofty goal: to save the planet.
Posted: October 18, 2018, 12:19 pm
Last week, Siemens and Case Western Reserve University (CWRU) announced a new new academic partnership that they say will provide students with the skills needed to operate and advance the nation’s energy grid.
Posted: October 18, 2018, 10:00 am
California recently joined other leading states, provinces, cities, and corporations around the world by setting an ambitious 100 percent carbon-free electricity target. It’s a landmark, not because California was the first, but because it is the biggest. The state ranks as the fifth-largest economy in the world.
Posted: October 17, 2018, 4:47 pm
Voith Hydro Holding GmbH & Co. KG and the Siemens Energy Management Division have signed a letter of intent for collaborating on appropriate hybrid power projects containing hydropower.
Posted: October 17, 2018, 4:00 pm
According to the Microgrid Market Growth Potential - Industry Size Outlook Report 2024, the microgrid market is expected to reach $19 billion by 2024, nearly five times the original valuation of this business space in 2016.
Posted: October 17, 2018, 3:05 pm
Denmark plans to postpone tax increases on electric vehicles as part of a slew of new measures the government is seeking to consolidate the country’s reputation as a “green pioneer” and help it achieve its climate goals.
Posted: October 17, 2018, 12:08 pm
A European cybersecurity pact has been agreed that is intended to make “the tools of the energy transition safe for citizens and secure for providers”.
Posted: October 17, 2018, 10:57 am
The projects, which are pending approval by the California Public Utilities Commission, include the Wildcat Energy Storage project (3 MW/12 MWh) near Palm Springs and the three Acorn Energy Storage projects (total combined capacity of 6.5 MW/26.5 MWh) in Thousand Oaks.
Posted: October 17, 2018, 9:00 am
The deal with Bentonville, Arkansas-based Walmart includes three wind farms—all developed, owned and operated by EDP Renewables—in the states of Illinois and Indiana.
Posted: October 16, 2018, 8:30 pm
HSBC Holdings Plc’s pension manager plans to invest 250 million pounds ($329 million) of its pension scheme into renewable energy infrastructure for wind and solar in the U.K., joining around 30 other firms making similar climate change pledges.
Posted: October 16, 2018, 10:30 am
While all countries committed under the Paris Agreement to limit global temperature rise to 1.5˚C-2˚C (2.7-3.6˚ F), major questions remained: How can the world achieve this temperature goal? And what happens if it doesn’t?
Posted: October 16, 2018, 10:19 am
Egypt has the potential to meet up to 53 percent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook, released in Cairo last week in the presence of Egyptian government officials and regional decision makers, found that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to $900 million annually in 2030.
Posted: October 16, 2018, 10:00 am
The UK could meet a significant slice of carbon emissions’ target if it more widely deployed distributed energy technologies.
Posted: October 15, 2018, 3:35 pm
Britain’s power market will need investment of 6 billion pounds ($7.9 billion) between now and 2030 in flexible generation and storage such as batteries to support the transition toward an economy that emits less carbon, a study showed.
Posted: October 12, 2018, 11:37 pm
The International Renewable Energy Agency is conducting a survey to gather quantitative and qualitative insights into the current status of women’s participation in the renewable energy sector.
Posted: October 12, 2018, 1:47 pm
After wallowing in limbo for the first part of 2018 awaiting re-authorization, the Loan Program Office (LPO) at the Department of Energy is back in business with about $40 billion burning a hole in its proverbial pocket. Mike Reed, Director and Chief Engineer of the Technical and Project Management Division of the LPO and his team are planning to hit POWER-GEN 2018 in Orlando, Florida in December to identify people and projects that might need financing.
Posted: October 10, 2018, 4:47 pm
U.S. President Donald Trump tapped Energy Department staffer Bernard McNamee to join the nation’s top energy regulator, potentially smoothing the path for a brewing bailout of money-losing coal and nuclear plants.
Posted: October 5, 2018, 9:00 am
Evidence of the battery-powered era is all around us. Electric vehicles are cruising down our freeways. Household appliances thrum with stored solar energy that was until recently a daytime-only power source. Governments from California to China and South Korea—even Donald Trump’s Washington—have taken steps that will make battery power more ubiquitous.
Posted: October 3, 2018, 2:49 pm
Has the environment for electricity generation changed dramatically since the Obama administration’s Clean Power Plan began its slow exit from public and regulatory consciousness several months ago? Not really!
Posted: October 2, 2018, 8:00 am
The World Bank Group committed $1 billion to finance battery-storage systems in developing and middle-income countries, and expects its participation to attract another $4 billion in backing from investors as well as public and private funds.
Posted: September 28, 2018, 4:08 pm